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Tencent Cloud Establishes Its First Malaysian Cloud Region In Johor

KUALA LUMPUR, Aug 18 (Bernama) -- Tencent Cloud has established its first cloud region in Malaysia, comprising up to three availability zones in Johor, as the company strengthens its cloud and artificial intelligence (AI) infrastructure to support enterprises in the country.

MADANI Reforms Strengthen Governance, Raise Ceiling And Floor -- MOF

KUALA LUMPUR, Aug 18 (Bernama) -- The MADANI Government has made progress in governance reform, national competitiveness and efforts to raise the people’s living standards over the past three and a half years, guided by the three pillars of Good Governance in Public Administration, Raising the Ceiling and Raising the Floor.

Palm Beach Resort, ASB Partner To Strengthen Support For Labuan Oil And Gas Sector

LABUAN, Aug 18 (Bernama) -- Palm Beach Resort & Spa in Labuan and Sabah government-owned Asian Supply Base Sdn Bhd (ASB) have formalised a strategic collaboration aimed at strengthening hospitality and logistical support for Labuan's oil and gas (O&G) industry.

Wealth Creation, Asset Ownership Crucial For Malaysia’s Future Prosperity -- Bursa CEO

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s future prosperity must be underpinned by wealth creation and asset ownership, with capital markets playing a key role in strengthening intergenerational financial resilience, said Bursa Malaysia Bhd chief executive officer Datuk Fad’l Mohamed.

Automotive Sales Up Five Pct To 73,615 Units In July 2026

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s automotive total industry volume (TIV) increased five per cent year-on-year (y-o-y) to 73,615 units in July 2026 from 70,057 units in the same month last year, mainly attributed to the rise in monthly production volume and pick-up sales. 

Malaysia’s Jewellery Trade Hits RM12.13 Bln In 1h 2026 – MATRADE

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s total jewellery trade grew 10 per cent to RM12.13 billion in the first half of 2026 (1H 2026), sustaining the industry’s strong momentum following a record performance last year.

Malaysia Must Capture More Domestic Value From Global Trade Reconfiguration - McKinsey

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia needs to capture more domestic value from the ongoing reconfiguration of global trade and technological change, with the country’s next phase of growth dependent on stronger local capabilities, globally competitive companies and the ability to move up the value chain. 

Digital Economy On Track To Account For 30 Pct Of GDP By 2030

KUALA LUMPUR, Aug 18 (Bernama) -- The digital economy is on the right track to account for 30 per cent of the nation’s gross domestic product (GDP) by 2030, said Digital Minister Gobind Singh Deo.

Puncak Niaga To Dispose Of Two Land Parcels In Selangor For Rm237.15 Mln

KUALA LUMPUR, Aug 18 (Bernama) -- Puncak Niaga Holdings Bhd and its wholly owned subsidiary, Puncak Niaga Management Services Sdn Bhd (PNMSSB), have entered into conditional sale and purchase agreements to dispose of two parcels of land in Selangor for RM237.15 million.

MGA Targets RM100 Mln Turnover At Inaugural Malaysia Gold Festival 2026

KUALA LUMPUR, Aug 18 (Bernama) -- The Malaysia Gold Association (MGA) is targeting RM100 million in turnover from the three-day Malaysia Gold Festival (MGF) 2026, scheduled to be held from Sept 18 to 20 at the Kuala Lumpur Convention Centre (KLCC).

Govt Ready To Study Proposal To Combine GST, SST Elements For More Progressive Tax System - Anwar

PUTRAJAYA, Aug 18 (Bernama) -- The government is prepared to study a proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Service Tax (SST) to ensure the country's taxation system is more progressive, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2027 Must Meet People's Aspirations, Drive National Development - PM Anwar

KUALA LUMPUR, Aug 18 (Bernama) -- Budget 2027 must heed the voice of the people and meet their aspirations by driving the country’s development and improving the people’s well-being, said Prime Minister Datuk Seri Anwar Ibrahim.